PGIM Active Aggregate Bond ETF (NYSEARCA:PAB – Get Free Report) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 6,783 shares, a decrease of 72.3% from the April 30th total of 24,525 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 11,830 shares, the short-interest ratio is presently 0.6 days.
PGIM Active Aggregate Bond ETF Stock Performance
Shares of PGIM Active Aggregate Bond ETF stock opened at $42.32 on Friday. PGIM Active Aggregate Bond ETF has a twelve month low of $41.60 and a twelve month high of $43.55. The company’s 50 day moving average is $42.32 and its 200 day moving average is $42.71.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. bought a new position in PGIM Active Aggregate Bond ETF in the fourth quarter worth approximately $25,000. Flow Traders U.S. LLC bought a new position in PGIM Active Aggregate Bond ETF in the third quarter worth approximately $246,000. Osaic Holdings Inc. raised its position in PGIM Active Aggregate Bond ETF by 280.9% in the fourth quarter. Osaic Holdings Inc. now owns 9,073 shares of the company’s stock worth $388,000 after acquiring an additional 6,691 shares during the period. Evergreen Wealth Partners LLC bought a new position in PGIM Active Aggregate Bond ETF in the fourth quarter worth approximately $504,000. Finally, Jane Street Group LLC raised its position in PGIM Active Aggregate Bond ETF by 63.0% in the first quarter. Jane Street Group LLC now owns 24,483 shares of the company’s stock worth $1,037,000 after acquiring an additional 9,464 shares during the period.
PGIM Active Aggregate Bond ETF Company Profile
The PGIM Active Aggregate Bond ETF (PAB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year. PAB was launched on Apr 15, 2021 and is managed by PGIM.
See Also
- Five stocks we like better than PGIM Active Aggregate Bond ETF
- Wall Street Is Starting to Talk About Tesla’s Endgame
- Meta’s Manus Mess: Why China Blocked the Deal and What It Means
- China Deal Ignites Boeing’s Financial Afterburners
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
Receive News & Ratings for PGIM Active Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Active Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
